Persimmon Plc · LSE:PSN
Persimmon — Shareholder Meeting (May 2025)
6 slides from Persimmon's shareholder meeting presentation, May 1, 2025
Slide 1: Chief Executive's Update: Annual General Meeting
CHIEF EXECUTIVE’S UPDATE Annual General Meeting 1 May 2025
Slide 2: Strong performance in 2024
Strong performance in 2024 Investment in key capabilities delivering a return to growth Underlying PBT Completions Net private sales rate Outlets per outlet per week £395m 10,664 0.70 270 up 10% up 7% up from 0.58 up 5% Owned landbank +4% Customer satisfaction Underlying EPS Current (2025) total for
Slide 3: Growing returns into the medium-term
Growing returns into the medium-term High quality Three Build quality & Innovation land bank & strong brands Strong customer & vertical growing providing balance sheet service integration outlets diversification Operating margin and ROCE ambition of 20% Increasing shareholder returns Supported by ma
Slide 4: Growing business with growing opportunities
Growing business with growing opportunities Our strategy is driving growth Strong balance sheet with a strong land bank Growing pipeline of outlets and planning expertise Best ever quality and service performance Helping us to sell more homes Investment in sales and marketing Growing enquiries and s
Slide 5: Positive start to the year
Positive start to the year Trading update highlights Built on strong performance in 2024 and maintained momentum from early weeks of 2025 Good sales performance - Net private sales rate up 3% - Private forward sales up 17% - ASP on reservations up 4% Strong planning performance - Successful pe
Slide 6: A stronger, more sustainable business
A stronger, more sustainable business Managing a period of macro uncertainty and volatility Difficult decision to cut dividend and prioritise investment Delivering results and building a more sustainable business - Record build quality and customer service - Strong and growing landbank - Growing